HAL net profit up 23.8% to ₹1,155 crore in Q3

HAL net profit up 23.8% to ₹1,155 crore in Q3

HAL Q3 results: During late trades on Thursday, Hindustan Aeronautics Ltd shares were trading 2.22% down at ₹2,379.70 a share on the BSE.

Hindustan Aeronautics Limited declared a net profit of ₹1,155.2 crore on Thursday, up 23.8% from the previous year’s figure of ₹933.4 crore.

Revenue from operations decreased 3.9% to ₹5,665.5 crore, compared to ₹5,893.8 crore in the same period last year.

EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, fell 31% year on year to ₹985.5 crore from ₹1,428.5 crore, with a margin of 17.4%.

During late trades on Thursday, Hindustan Aeronautics Ltd. shares were trading 2.22% lower at ₹2,379.70 a share on the BSE.